Equities analysts expect Wageworks Inc (NYSE:WAGE) to report $0.42 earnings per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Wageworks’ earnings. The highest EPS estimate is $0.43 and the lowest is $0.40. Wageworks reported earnings of $0.36 per share in the same quarter last year, which indicates a positive year over year growth rate of 16.7%. The firm is expected to announce its next earnings report on Thursday, February 22nd.

On average, analysts expect that Wageworks will report full year earnings of $1.78 per share for the current financial year, with EPS estimates ranging from $1.76 to $1.79. For the next year, analysts expect that the company will report earnings of $1.96 per share, with EPS estimates ranging from $1.88 to $2.05. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Wageworks.

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Several research firms recently commented on WAGE. BidaskClub cut shares of Wageworks from a “sell” rating to a “strong sell” rating in a report on Thursday, November 9th. ValuEngine cut shares of Wageworks from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Zacks Investment Research upgraded shares of Wageworks from a “sell” rating to a “hold” rating and set a $70.00 price target for the company in a report on Tuesday, November 14th. Finally, Stifel Nicolaus restated a “buy” rating and set a $80.00 price target (down from $85.00) on shares of Wageworks in a report on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. Wageworks currently has an average rating of “Hold” and an average price target of $79.75.

In related news, Director John William Larson sold 30,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $63.76, for a total transaction of $1,944,680.00. Following the transaction, the director now owns 42,930 shares of the company’s stock, valued at $2,737,216.80. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.54% of the stock is currently owned by company insiders.

Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. raised its position in shares of Wageworks by 1.9% in the fourth quarter. BlackRock Inc. now owns 5,117,229 shares of the business services provider’s stock valued at $317,270,000 after purchasing an additional 93,947 shares during the period. TimesSquare Capital Management LLC raised its position in shares of Wageworks by 10.6% in the fourth quarter. TimesSquare Capital Management LLC now owns 2,891,844 shares of the business services provider’s stock valued at $179,294,000 after purchasing an additional 276,665 shares during the period. DF Dent & Co. Inc. raised its position in shares of Wageworks by 21.8% in the fourth quarter. DF Dent & Co. Inc. now owns 2,060,014 shares of the business services provider’s stock valued at $127,721,000 after purchasing an additional 369,296 shares during the period. Conestoga Capital Advisors LLC raised its position in shares of Wageworks by 12.1% in the fourth quarter. Conestoga Capital Advisors LLC now owns 1,196,846 shares of the business services provider’s stock valued at $74,204,000 after purchasing an additional 128,960 shares during the period. Finally, Eagle Asset Management Inc. raised its position in shares of Wageworks by 13.9% in the fourth quarter. Eagle Asset Management Inc. now owns 1,143,459 shares of the business services provider’s stock valued at $70,649,000 after purchasing an additional 139,169 shares during the period.

Wageworks (WAGE) traded up $0.05 during mid-day trading on Wednesday, hitting $57.35. 180,853 shares of the company traded hands, compared to its average volume of 310,791. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.38 and a current ratio of 1.38. The firm has a market capitalization of $2,259.28, a PE ratio of 49.15, a P/E/G ratio of 2.55 and a beta of 0.75. Wageworks has a twelve month low of $54.45 and a twelve month high of $80.50.

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